News

ISO 37301:2021 introduces a certifiable compliance management system

Signing an agreement
In short: ISO 37301 replaces ISO 19600 and sets requirements for establishing, maintaining and improving a compliance management system.

ISO has published ISO 37301:2021, Compliance management systems — Requirements with guidance for use. It replaces ISO 19600:2014 and, unlike its predecessor, contains requirements that can be certified.

Key elements

  • Identification of compliance obligations and compliance risks
  • A compliance policy and a compliance function with appropriate independence
  • Leadership commitment and a culture of compliance
  • Controls, training, communication and raising concerns
  • Monitoring, investigation and continual improvement

ISO 37301 is a key reference for governance, risk and compliance professionals — see the Certified GRC Professional (CGRCP) certification.